There is no denying the impact that AI is having across Australian industry, at least if spending is anything to go by.

At the macro level, the CSIRO estimates that digital innovations including AI could contribute $315 billion to Australia's GDP by 2030, while the University of Adelaide reports that greater AI utilisation could boost Australian GDP by $200 billion annually.

Those returns will be delivered through a myriad of individual use cases, and there is a very high likelihood that many projects will deliver no positive return at all. However, that has not stopped organisations across Australian from looking for where the benefits might lie.

What does seem clear however is that those organisations that are seeing the greatest returns are those that were the earliest in their AI journey, and hence are able to benefit from cumulative learning that is making it easier for them to make choices within a technology landscape that is updating itself on a daily basis.

These benefits are also almost always based on other fundamental groundwork in the form of data strategies and governance structures, which are proving essential for effective AI deployments.

So, while AI has certainly been one of the most hyped technologies in recent times, this is only the beginning of what likely to be a wild ride for Australian organisations across all industries.

The State of AI report was created using insights, research, and opinion from industry analysts, and end-user CIO case studies, to provide a compelling overview of the key trends, challenges and opportunities AI is posing in a cross-section of Australian business.

Hear from Australian technology leaders in government, healthcare and critical infrastructure in the following chapters:

• Dr Eva Balan-Vnuk, executive director and chief information officer, South Australian Government
• Bettina Konti, chief digital officer, ACT Government
• Marek Rucinski, deputy commissioner for smarter data, Australia Taxation Office
• Dane Hamilton, CIO, City of Shoalhaven
• Dr Santosh Verghese, chief medical information officer, Digital Health South Australia
• Dr Rachna Gandhi, global group executive for transformation and digital enablement, Ramsay Health Care
• Peter van Wijngaarden, executive director, The Florey Institute of Neuroscience and Mental Health
• Andrew Haddad, chief information officer, AGL
• Amanda Fleming, chief digital and transformation officer, Viva Energy
• Lachlan Bakewell, chief information officer, Melbourne Water
• Rob Ison, chief information officer, Vocus
• Samantha Lawson, vice president for digital channels and customer success strategy, Optus
• Jonathan Prosser, chief strategy officer, Aussie Broadband
• Professor Maryanne Dever, deputy vice-chancellor and vice-president for education, Western Sydney University
• Andrew Roadknight, head of digital initiatives, Kangan Institute
• Lachlan Gilbert, IT manager, Melbourne High School

The finance chapter is coming soon!

Stay tuned to hear from:

• Dan Jermyn, chief AI officer and data scientist, Commonwealth Bank
• Brendan Mills, chief information officer, NIB
• May Lam, chief information officer, Australian Payments Plus

Start navigating the report by using the bar at the top of the page or clicking through the chapter buttons.